Answer:
a. Yes
Based on the data given, it appears that specifications are being met.
Explanation:
a) Data and Calculations:
Sample 1 Sample 2 Sample 3 Sample 4 Sample 5 Average
12.5 13.4 13.0 13.2 12.9 65 13.00
12.7 13.2 13.6 12.7 13.5 65.7 13.14
12.9 13.0 13.3 13.3 13.2 65.7 13.14
13.2 13.1 13.4 12.7 13.2 65.6 13.12
Totals 51.4 52.7 53.2 51.9 52.7 261.9 52.4
Average 12.85 13.17 13.3 12.97 13.17 13.1
b) Using the law of averages, the process specifications of 12.45 and 13.35 minutes were not exceeded under any sample type. Therefore, it can be concluded that the process specifications are being met.
Answer:
a. 1.096
Explanation:
The present value index is the same as the profitablility index(PI), which is computed by dividing the present value of future cash inflows by the initial investment(the present value of cash outflows). A profitability of above 1 means that the project is viable as the numerator(PV of cash inflows) exceeds the denominator( initial cash outlay).
Project A PI index= Present value of cash inflows/Present value of cash outflows
Project A PI index= $84,360/$77,000
Project A PI index= 1.096
Answer:
Inductive reasoning
Explanation:
This type of reasoning is considering generalization that is formed and based on some previous experiences and with that previous experiences the observation that is made is forming an inductive reasoning.
In this case, the person met many of them who says that their favorite pizza is pepperoni and then every time that someone say that they love pizza, this person will think of pepperoni pizza because of the previous experiences that caused those observations.
Answer:
The accumulated present value is $67,518.99.
Explanation:
Investment opportunities that require a series of payments of a fixed amount for a specific number of periods are known as annuities.
The Present Value of this annuity can be calculated as :
Fv = $0
n = 30
r = 4.2 %
Pmt = - $4,000
P/ yr = 1
Pv = ?
Using a financial calculator, the Present Value (PV) of the annuity is $67,518.9948 or $67,518.99.
When creating advertisement for an Italian restaurant, you should include information about Italian food in the description. This will serve to arouse the interest of the reader and compel them to patronize the restaurant.
